RECORDED TRAINING COURSE
Unlock the Secrets of Worker Classification! and discover the game-changing nuances that can transform your business strategy. Navigating the intricate world of tax laws and worker distinctions has never been more captivating
Discover the key differences between contractors and employees in this insightful presentation by Jason Dinesen Learn why proper worker classification is crucial for businesses, impacting tax obligations and benefits. Dinesen breaks down the IRS 3-factor test, providing practical insights into behavioral and financial control, as well as the nature of the working relationship. Explore the complexities of the now-retired 20-factor test, offering a comprehensive understanding of the classification landscape.
This webinar concludes with a warning about broader implications, extending beyond taxes to factors like employee count, state-level taxes, and mandated benefits. Dive into this resource to ensure your business is on the right track with worker classification.
SESSION HIGHLIGHTS:
- IRS 3-factor test
- IRS 20-factor test
- Dealing with Gray areas
- Options in an audit
- IRS Guidelines on Worker Classification
- Consequences of Misclassification
Why You Should Attend:
In this Webinar, we will navigate potential challenges and uncertainties surrounding worker classification, including the potential impact of the Biden Administration’s rules on independent contractors. Dinesen offers practical advice for audits, and relief options like Section 530 and Section 3509, and stresses the importance of having a valid reason for treating a worker as a contractor.
We will also uncover relief solutions for IRS audits, including Section 530 and Section 3509, as well as the Voluntary Classification Settlement Program (VCSP). This course highlights the benefits and requirements of these programs, emphasizing consistency, documentation, and the consequences of deliberate misclassification.
Who Should Attend:
- Senior Leadership
- Human Resources Directors, Managers & Representatives
- Accounting Professionals
- Compliance Professionals
- Recruiting Professionals
- Managers & Supervisors
- Employees
- Taxation Professionals
Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.
Jason T. Dinesen, LPA, EA is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on tax and accounting services for small businesses and individuals. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars.